Business News

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15 Feb 2023

Ford

Ford to cut 3,800 jobs in Europe in EV revamp

US automaker Ford has announced its decision to cut 3,800 jobs in Europe in the next three years. The company expects the layoffs to accelerate its switch from petrol and diesel engines to electric vehicles.

15 Feb 2023

Cryptocurrency

Today's cryptocurrency prices: Rates of Bitcoin, Ethereum, Tether, Binance USD

Bitcoin has surged 1.77% in the past 24 hours to trade at $22,119.32. It is 4.77% down compared to last week.

15 Feb 2023

Data Leak

Ex-employee stole staff data of thousands, says Credit Suisse

Switzerland's second-biggest bank, Credit Suisse, has come under fire yet again.

15 Feb 2023

Personal Finance

New to investing? Know these rules before you invest

There are many different types of investments, including stocks, bonds, real estate, commodities, mutual funds, and more.

15 Feb 2023

ChatGPT

Who is Sam Altman, the man behind internet sensation ChatGPT

The past few months have seen ChatGPT rising from a novelty to an internet sensation. The chatbot is known for its ability to engage in human-like conversations and generate anything from code to music.

14 Feb 2023

Reliance Jio

Jio launches 5G in 21 more cities, total reaches 257

Reliance Jio has launched its 5G services in four cities in Himachal Pradesh and 17 more cities across other states. The fifth-generation mobile network is now available in as many as 257 cities across India.

14 Feb 2023

Air India

In historic deal, Air India to acquire 250 Airbus aircraft

Tata Group-owned Air India has penned the biggest aviation deal in history with Airbus. The airline will buy 250 aircraft from the French manufacturer.

14 Feb 2023

Stock Market

Sensex climbs 600 points, Nifty crosses 17,900 mark

On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.98% to 61,032.26 points while the Nifty gained 0.89% to end at 17,929.85 points.

14 Feb 2023

Meta

Meta's chief business officer Marne Levine quits after 13 years

Marne Levine, Meta's chief business officer, has decided to step down from the company later this year after a 13-year-long stint.

14 Feb 2023

Amazon

Amazon now takes a whopping 50% cut of seller's revenue

Amazon's sprawling online marketplace is a favorite of buyers due to the variety of products it offers and the discounts it provides. There are millions of sellers on the e-commerce site.

14 Feb 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has shed 0.51% over the last 24 hours, trading at $21,738.14. It is 5.13% lower than the previous week.

13 Feb 2023

Bharti Airtel

These cities in India have access to Airtel 5G services

Bharti Airtel has been steadily expanding its 5G network and intends to cover the major cities across the country by this year. The telco commenced its 5G rollout in October 2022.

13 Feb 2023

Reliance Jio

Jio launches Valentine's Day offer for prepaid users: Check benefits 

Reliance Jio has announced a new offer for Valentine's Day.

13 Feb 2023

Reliance Jio

Reliance Jio's annual prepaid plans: Check data and calling benefits

Reliance Jio is the largest telecom company in India. It began operations in 2016 and completely altered the course of the industry with its competitive pricing, gaining millions of new customers.

13 Feb 2023

Stock Market

Sensex falls 250 points, Nifty settles below 17,800 mark

On Monday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.42% to 60,431.84 points, the Nifty fell 0.48% to 17,770.9 points.

13 Feb 2023

Cryptocurrency

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, Shiba Inu, Polygon

Bitcoin has climbed 0.17% over the last 24 hours, trading at $21,848.77. It is 4.12% lower than the previous week.

12 Feb 2023

Meta

Meta bracing for another round of layoffs, organizational restructuring

Meta is reportedly planning to further reduce its headcount in the coming weeks.

12 Feb 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has climbed 0.6% over the last 24 hours and is now trading at $21,815.53. It is 6.73% lower than the previous week.

11 Feb 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has lost 0.46% of its value in the last 24 hours, trading at $21,690.72. It is down 7.07% from last week.

11 Feb 2023

Microsoft

Microsoft's layoffs begin; company fires employees in HoloLens, Surface, Xbox

Microsoft announced its decision to lay off 10,000 employees last month. As part of it, the company has now cuts jobs in units, including HoloLens mixed reality hardware, Surface devices, and Xbox gaming division.

10 Feb 2023

TikTok

TikTok fires India staff, shuts office 3 years after ban

Popular short video app TikTok, which was banned in India in 2020, has decided to shutter its office in the country. The company has also handed out pink slips to all 40 employees.

10 Feb 2023

Stock Market

Sensex slips 123 points, Nifty settles around 17,850 mark

On Friday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex dropped 0.2% to 60,682.7 points, while the Nifty fell 0.21% to 17,856.50 points.

10 Feb 2023

Cryptocurrency

Cryptocurrency prices: Today's rates of Bitcoin, Ethereum, Shiba Inu, XRP

Bitcoin has slipped 3.31% in the past 24 hours to trade at $21,837.42. It is 7.25% lower than the week before.

10 Feb 2023

Adani Group

Adani Group stocks back in the red after MSCI review

Adani Group's dream of building a winning streak in the market fell short on the third day. After rallying for two trading sessions, all listed companies of the group except for Adani Wilmar ended in the red on Thursday.

09 Feb 2023

Stock Market

Sensex gains 142 points, Nifty settles just under 17,900 mark

The stock market closed on a flat note but in green on Thursday with the Sensex settling at 60,806.22 points and Nifty ending at 17,893.45 points.

Disney to axe 7,000 employees as company suffers streaming decline

Entertainment giant The Walt Disney Company has decided to fire 7,000 employees as the company prepares to deal with a challenging economic environment.

09 Feb 2023

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Sandbox, Tether

Bitcoin has shed 2.88% over the last 24 hours, trading at $22,583.91. It is 5.54% lower than the previous week.

09 Feb 2023

Bill Gates

Who is Bill Gates's new girlfriend Paula Hurd

American business magnate and philanthropist Bill Gates has reportedly found a new love!

09 Feb 2023

Google Bard

Failed demo costing company $100 billion? That happened to Alphabet 

Google unveiled Bard, its new experimental AI service, earlier this week. The ChatGPT-rival was expected to calm the storm at the search giant's doorstop.

09 Feb 2023

Bharti Airtel

Airtel 5G launched in more cities across Gujarat, Odisha

Bharti Airtel has launched its 5G services across more cities in Gujarat and Odisha, including Surat, Vadodara, Rajkot, Sambalpur, and Balasore.

09 Feb 2023

Adani Group

Domestic lenders are safe from Adani Group's fall: RBI, Moody's

Adani Group has been under the microscope ever since Hindenburg Research published a report accusing the conglomerate of stock manipulation and accounting fraud. The report also pointed out the group's sky-high debts.

08 Feb 2023

Stock Market

Sensex climbs 377 points, Nifty ends above 17,850 mark

On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.62% to 60,663.79 points, while the Nifty climbed 0.84% to 17,871.7 points.

#NewsBytesExplainer: How does repo rate affect the common man

The Reserve Bank of India (RBI) has hiked India's repo rate for the sixth time since May 2022. Have you ever wondered why it becomes big news when the RBI hikes or lowers the repo rate?

08 Feb 2023

Zoom

Zoom fires 1,300 employees due to "uncertainty of global economy"

Companies are on a firing spree, and Zoom is no exception. The communications technology firm announced that it is axing roughly 15% of its global workforce or around 1,300 employees.

08 Feb 2023

Cryptocurrency

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, Shiba Inu, BNB

Bitcoin has climbed 1.62% in the past 24 hours, trading at $23,260.27. It is 0.47% higher than last week.

07 Feb 2023

Bharti Airtel

Airtel 5G launched in Raipur and Durg-Bhilai

Bharti Airtel has launched its 5G services in two more cities in Chhattisgarh, namely, Raipur and Durg-Bhilai.

07 Feb 2023

Stock Market

Sensex slips 220 points, Nifty ends near 17,700 mark

The markets on Tuesday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 220.86 points, or 0.37%, to 60,286.04 points, the Nifty shed 43.1 points, or 0.24%, to 17,721.5 points.

07 Feb 2023

Infosys

Infosys fires 600 employees after they fail freshers assessment test

A failed internal freshers assessment (FA) test has resulted in the axing of 600 freshers by Indian IT services giant Infosys.

07 Feb 2023

Cryptocurrency

Cryptocurrency prices: Today's rates of Bitcoin, Ethereum, Shiba Inu, Tether

Bitcoin has climbed 0.04% in the past 24 hours to trade at $22,901.69. Compared to last week, it is 0.16% up.

06 Feb 2023

Dell

Dell to fire over 6,600 employees as PC sales nosedive

Another week, another tech company has announced its decision to lay off employees. This time, it is computer manufacturer Dell that is set to reduce its workforce.